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Nov 19, 2012
11/12
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i mean katrina talked about deficit obsession. that's where this comes from. a part is from tax plans that were always going to expire, but another big part are the mandated cuts that came out of the hostage crisis of the debt ceiling. so the way i look at it is this, a far famous cartoon that shows a protester and has a sign, what do we want? time travel. when do we want it? when do we want it? it doesn't matter. because if you have a time machine it doesn't matter when you get it. congress has a time machine here. okay. this can expire, this can go a month or two months. sooner or late ther can get it done. as far as i'm concerned, let it expire, a product of a tea party crisis that was manufactured by right wingers to focus on the deficit and not jobs. let it expire. let the tax rates go up. and then come back to the table and get us a jobs plan. >> i think that's so right. i think -- and also we keep calling it the fiscal cliff. it's a fiscal curve. i mean, there's a manufactured crisis here that could endanger not enhance our economic security. >> even if
i mean katrina talked about deficit obsession. that's where this comes from. a part is from tax plans that were always going to expire, but another big part are the mandated cuts that came out of the hostage crisis of the debt ceiling. so the way i look at it is this, a far famous cartoon that shows a protester and has a sign, what do we want? time travel. when do we want it? when do we want it? it doesn't matter. because if you have a time machine it doesn't matter when you get it. congress...
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Mar 5, 2012
03/12
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they are working behind closed doors on a plan to cut the deficit and raise revenues. an update on the tornadoes and snowstorms that ravaged the midwest and why ohio is the biggest prize of all on super tuesday. that's next. [ male announcer ] is zero worth nothing? ♪ imagine zero pollutants in our environment. or zero dependency on foreign oil. ♪ this is why we at nissan built a car inspired by zero. because zero is worth everything. the zero gas, 100% electric nissan leaf. innovation for the planet. innovation for all. yeah, you -- you know, everything can cost upwards of...[ whistles ] i did not want to think about that. relax, relax, relax. look at me, look at me. three words, dad -- e-trade financial consultants. so i can just go talk to 'em? just walk right in and talk to 'em. dude, those guys are pros. they'll hook you up with a solid plan. they'll -- wa-- wa-- wait a minute. bobby? bobby! what are you doing, man? i'm speed dating! [ male announcer ] get investing advice for your family at e-trade. >>> it's one of the heartbreaking stories from the tornado z
they are working behind closed doors on a plan to cut the deficit and raise revenues. an update on the tornadoes and snowstorms that ravaged the midwest and why ohio is the biggest prize of all on super tuesday. that's next. [ male announcer ] is zero worth nothing? ♪ imagine zero pollutants in our environment. or zero dependency on foreign oil. ♪ this is why we at nissan built a car inspired by zero. because zero is worth everything. the zero gas, 100% electric nissan leaf. innovation for...
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Sep 28, 2012
09/12
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. >> trillion dollar deficits. that debt is owned by somebody. someone holds that. that puts america in a position of economic risk. >> reporter: but even supporters are split on how romney can win this race. >> there is more fire in the belly. >> he needs to stick with the facts. it's all about the economy. >> reporter: more than half the country already started voting days before the first presidential debate. more numbers now. gallup is reporting the president's approval rating is sticking at 50%. and this could turn out to be his best month in a year. >> tracie potts for us in washington. thank you. >>> last night on the rachel madow show bill burton talked to racel about the impact or lack thereof super packs are having on the romney campaign. >> on the republican side, the story they tell about mitt romney is there is no story about mitt romney. the story they tell about barack obama is well he's always bad things. if you're trying to figure out well what is it that -- what's the strategy here? how are we trying to win this race? it's more difficult on their s
. >> trillion dollar deficits. that debt is owned by somebody. someone holds that. that puts america in a position of economic risk. >> reporter: but even supporters are split on how romney can win this race. >> there is more fire in the belly. >> he needs to stick with the facts. it's all about the economy. >> reporter: more than half the country already started voting days before the first presidential debate. more numbers now. gallup is reporting the president's...
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Nov 24, 2012
11/12
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the red bar is the deficit in '09 when president obama took office, and inherited the big deficit from president bush. over the next three years president obama cut the deficit. he cut it by $200 billion just from last year to this year. so the deficit isn't growing. it's shrinking by a lot. seriously the folks at investor's business daily calculated that the deficit is falling faster than at any time since the end of the second world war. the deficit is falling so fast it might not be able to fall any faster without sending us back into recession. when president obama started, the deficit equalled 10% of the whole economy and now it equals just 7%. so go ahead, boggle your uncle's mind with this chart. the bars below zero represent years when the deficit grew. these bars above zero represent years when the deficit shrunk. we're here right now in the deficit shrunk portion of the chart. the point of the shrinkingest shrinking on the whole chart back to 1950. when somebody stops inevitably nattering about the fiscal cliff and the skyrocketing deficit, they don't know what they're
the red bar is the deficit in '09 when president obama took office, and inherited the big deficit from president bush. over the next three years president obama cut the deficit. he cut it by $200 billion just from last year to this year. so the deficit isn't growing. it's shrinking by a lot. seriously the folks at investor's business daily calculated that the deficit is falling faster than at any time since the end of the second world war. the deficit is falling so fast it might not be able to...
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Dec 2, 2012
12/12
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they, republicans will come around on the deficit, because of the economic you know, cliff that we're hanging over. i think they'll do that. i don't think there's any doubt that the republicans will cooperate on immigration reform. they've learned how important the hispanic vote is and african-american vote. >> having gotten politics out of the way, the carters promptly returned to building, a work ethic that created marie's 175-square-foot home and something jimmy and roselynn carter say they'll forever do and like most things, do together. richard lui, msnbc, haiti. >>> grover norquist, the man in the middle, may be hit be the sidelines. but what about grover norquist has made hundreds march in lockstep behind him all these years? we'll talk about it. ♪ i'd like to thank eating right, whole grain, multigrain cheerios! mom, are those my jeans? [ female announcer ] people who choose more whole grain tend to weigh less than those who don't. multigrain cheerios tend to weigh less than those who don't. is bigger than we think ... sometimelike the flu.fer from with aches, fever and chil
they, republicans will come around on the deficit, because of the economic you know, cliff that we're hanging over. i think they'll do that. i don't think there's any doubt that the republicans will cooperate on immigration reform. they've learned how important the hispanic vote is and african-american vote. >> having gotten politics out of the way, the carters promptly returned to building, a work ethic that created marie's 175-square-foot home and something jimmy and roselynn carter say...
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Nov 7, 2012
11/12
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congressman cleaver, when you look at the issues facing the congress and this administration, deficit deduction, tax reform, climate change, alternate energy, what do you think is the possible bipartisan ent tray to begin this conversation of new spirit in washington? >> well, i think that we've got to be very careful when we start off after we go back next week and that we ought to -- my suggestion to the president and to the leadership in the house is that we not bring up any of the incidiary issues, that we do something rather simple and that everybody can agree on. we should be able to agree on a farm bill having had the worst drought since the dust bowl so it's going to be difficult to come up with that. let me just say, i agree that john boehner wants to make the trains run on time and i think he is an old time ohio politician. it's not him. it's the tea party guys and if they are coming back after this break saying, we are not ready to compromise, we believe that compromise is capitulation, then ladies and gentlemen, around this country, it's going to be a rough ride between no
congressman cleaver, when you look at the issues facing the congress and this administration, deficit deduction, tax reform, climate change, alternate energy, what do you think is the possible bipartisan ent tray to begin this conversation of new spirit in washington? >> well, i think that we've got to be very careful when we start off after we go back next week and that we ought to -- my suggestion to the president and to the leadership in the house is that we not bring up any of the...
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Mar 5, 2012
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peoples' willingness to put out either taxes or deficits is finite. and it's the money crunch in washington right now that's finally making us start to come to terms with the budget. >> the interesting thing about that is really goes to tim's question, which is as long as we have a cultural expectation that is irrational, you're going to have irrational spending demands in any society. it's only when you actually have sort of that more profound understanding, which is that there's an unknown world, but we have all the new tools, these network tools that the bad guys use effectively. you can figure out lots of ways to do things with the modern network. we can use ourselves in our security, which i smoez suppose is your point. >> look how badly we did at assessing iraq by keeping it closed? by shutting out the decent from the state department. >> but that embarrasses -- what we're talking about embarrasses people and is not good political currency. it's stuck in a fear bubble. >> it's also another common threat which is politicians want more power. you
peoples' willingness to put out either taxes or deficits is finite. and it's the money crunch in washington right now that's finally making us start to come to terms with the budget. >> the interesting thing about that is really goes to tim's question, which is as long as we have a cultural expectation that is irrational, you're going to have irrational spending demands in any society. it's only when you actually have sort of that more profound understanding, which is that there's an...
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Jul 21, 2012
07/12
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we have a big deficit. how about just cutting the deficit through different taxation policies. but the minute you get to the reality of these cuts, and here we are. you like the ryan cuts, you like him cutting things? here's what he's cutting. medicare. explain it. defend it. i think that's the problem romney's going to have between now and november. >> right. and the broader question you just raised, we have a deficit, we have a debt. these have become problematic and everyone agrees with that. then you get into the details of whose option are you going to go for and whose order are you going to protect in order to do something about that? are you going to go after the most vulnerable as the ryan budget does? not only cutting medicare but things like education and other important spending that helps the most vulnerable. or are you going to provide tax cuts for the rich or are you going to preserve some of those programs in order to move toward a society where everybody has an equal shot and chance. they're going to say that the president's trying to scare people, but this isn'
we have a big deficit. how about just cutting the deficit through different taxation policies. but the minute you get to the reality of these cuts, and here we are. you like the ryan cuts, you like him cutting things? here's what he's cutting. medicare. explain it. defend it. i think that's the problem romney's going to have between now and november. >> right. and the broader question you just raised, we have a deficit, we have a debt. these have become problematic and everyone agrees...
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Oct 3, 2012
10/12
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the deficit number? >> probably the deficit. i think if you are the president's campaign you're less worried about romney's numbers right now. on the one hand the 40% right direction is the highest it has been in 3 1/2 years and any incumbent heading in that is momentum. 53% say the country is headed in the wrong track. i think this for the president is not about mitt romney. those advantages, chuck, on china, foreign policy and the deficit aren't as strong as for usual republicans. and the final point i would make is i think the important thing for this election is that braump has a 52 positive, 42 negative image. mitt romney has a negative image. only two have had a net negative image at this point and one of them loss, george h.w. bush and romney needs to improve that dynamic. >> democratic pollster. thank you very much to both of you. we have to get back in the field. let's keep poling. just two days away from friday's jobs report. we will get a quick preview on wall street on the market run down. and then we are taking a tr
the deficit number? >> probably the deficit. i think if you are the president's campaign you're less worried about romney's numbers right now. on the one hand the 40% right direction is the highest it has been in 3 1/2 years and any incumbent heading in that is momentum. 53% say the country is headed in the wrong track. i think this for the president is not about mitt romney. those advantages, chuck, on china, foreign policy and the deficit aren't as strong as for usual republicans. and...
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Feb 15, 2012
02/12
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. >> the president's claiming that this is a $4 trillion deficit reduction package. he's increasing spending by $1.5 trillion and increasing taxes by $1.9 trillion for a measly $400 billion of deficit reduction over a ten-year period. >> critics call the budget unpassable. admitting the president wins even if he loses. >> thank you so much, richard. let's talk about a couple of those things that richard just touched on, karen. the conventional wisdom was mitt romney was going to be the toughest opponent for barack obama and the white house geared up to run against mitt romney. but if you're looking at things like the middle class and thinking about things like manufacturing, there is an argument to be made that a rick santorum appeals to those groups more than a mitt romney. >> here's the problem. rick santorum is focusing on things like birth control and abortion while the president is focusing on -- >> not in michigan. he's backed off on that stuff there. >> because he had to. in a general election, when you look at who's behind -- i'm struck by that. who's bend th
. >> the president's claiming that this is a $4 trillion deficit reduction package. he's increasing spending by $1.5 trillion and increasing taxes by $1.9 trillion for a measly $400 billion of deficit reduction over a ten-year period. >> critics call the budget unpassable. admitting the president wins even if he loses. >> thank you so much, richard. let's talk about a couple of those things that richard just touched on, karen. the conventional wisdom was mitt romney was going...
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Nov 20, 2012
11/12
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at the time the reagan deficit was $200 million. now our deficit is more than $1 trillion. a former prosecutor, senator rudman served on the senate ethics committee investigating five fellow senators, the keating five. very difficult assignment. he played a key role during iran-contra when he grilled oliver north. >> the american people have the constitutional right to be wrong. and what ronald reagan thinks or what oliver north or i think or anybody else thinks makes not a thing if the american people say enough. there comes a point that the views of the american people have to be heard. >> warren rudman saw action and was awarded a bronze star for combat in korea. he once told former defense secretary casper weinberger from his own party his talk of a, quote, limited nuclear war was assanine. he did not seek re-election saying i can see the republican party was being taken over by a movement conservatives and self-commissioned christian soldier whose social agenda i found repugnant. he was 82 years old. he died of lymphoma. band playin] [ male announcer ] the rhythm of li
at the time the reagan deficit was $200 million. now our deficit is more than $1 trillion. a former prosecutor, senator rudman served on the senate ethics committee investigating five fellow senators, the keating five. very difficult assignment. he played a key role during iran-contra when he grilled oliver north. >> the american people have the constitutional right to be wrong. and what ronald reagan thinks or what oliver north or i think or anybody else thinks makes not a thing if the...
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Nov 20, 2012
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. >> senator, you say in your op-ed piece that congress must address the deficit situation and the fiscal cliff in a way that is fair. what proposal do you have moving forward knowing the way that the hill works right now? what do you think could work best to do something with that front? >> well, you see when you say knowing the way the hill works, what you're really saying knowing that the hill is dominated by campaign contributors, lobbyists and wealthy individuals. what can we accomplish? well, that's one way of looking at it, thomas. the other way of looking at it is very radical. do what the american people want. have the president go out to every -- to the red states. if you go to oklahoma or mississippi and you ask people in those states, should we continue to give tax breaks to billionaires and cut social security, medicare and medicaid, you know what will they say in the reddest of red states? that's crazy, we shouldn't do it. in the last two budget negotiations in 2010 and 2011 democrats made huge concessions. extended bush's tax breaks for the rich, lowered the estate tax for
. >> senator, you say in your op-ed piece that congress must address the deficit situation and the fiscal cliff in a way that is fair. what proposal do you have moving forward knowing the way that the hill works right now? what do you think could work best to do something with that front? >> well, you see when you say knowing the way the hill works, what you're really saying knowing that the hill is dominated by campaign contributors, lobbyists and wealthy individuals. what can we...
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Apr 11, 2012
04/12
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it will help us close our deficit. if republicans in congress were truly concerned with deficits and debt, then i'm assuming that they wouldn't have proposed to spend an additional 1$1.3 trillion on tax cuts. they want to go in the opposite direction. they want to double down on some of the inequities that already exist in the tax code. if we're going to keep giving someone like me and people in this room, tax breaks that we don't need or afford, one or two things happen. either you got to borrow more money to pay down a deeper deficit or you've got to demand deeper sacrifices from the middle class and you've got to cut investments that help us grow as an economy. you got to tell seniors to pay more for their medicare. you'll have to tell that working family that scrape and buy they'll have to do more because the wealthiest of americans are doing less. and that's not right. the middle class has seen enough of its security erode over the past few decades that we shouldn't let that happen. we're not going to stop buildin
it will help us close our deficit. if republicans in congress were truly concerned with deficits and debt, then i'm assuming that they wouldn't have proposed to spend an additional 1$1.3 trillion on tax cuts. they want to go in the opposite direction. they want to double down on some of the inequities that already exist in the tax code. if we're going to keep giving someone like me and people in this room, tax breaks that we don't need or afford, one or two things happen. either you got to...
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Dec 31, 2012
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> reporter: republicans say to be fair the president must focus on entitlement reform to reduce the deficit. >> are you prepared to do that in your first year of the second term? >> what i said is i'm prepared to do everything i can to make sure medicare and social security are there not just for this generation but for future generations. >> reporter: the president said despite the current gridlock he remains optimistic but asserted democracy is messi. >> one way or another we'll get through this. do i wish that things were more orderly in washington? and ration enamel? and people listened to the best arguments and compromised and operate in a more thoughtful and organized fashion? absolutely. when you look at history that's the exception rather than the norm. >> now here is your "first look" at politics. long lines in florida discouraged 49,000 people in voting. on "meet the press" tom brokaw says there's a simple explanation for what's wrong with our election and lawmakers sent to washington. >> the system is rigged. 75% of the congressmen come from gerry mandered districts in which they
> reporter: republicans say to be fair the president must focus on entitlement reform to reduce the deficit. >> are you prepared to do that in your first year of the second term? >> what i said is i'm prepared to do everything i can to make sure medicare and social security are there not just for this generation but for future generations. >> reporter: the president said despite the current gridlock he remains optimistic but asserted democracy is messi. >> one way or...
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Jun 7, 2012
06/12
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they come back from an 18-point deficit to win 107-99 and becomy first team other than the spurs, lakers or mavericks to represent the west in the nba finals in 14 years. the thunder one of just three teams in nba history to come back to win four straight games in the conference finals after trailing 2-0. >>> the celtics have a chance to join that group tonight with a win over the heat in game six at home in boston. >>> to the stanley cup finals. the l.a. kings had a chance to sweep the new jersey devils last night and take home the stanley cup. score unless the second period. simone gagne on the breakaway. martin brodeur turns him away. nice kick save. third period. tied at one. david clarkson over adam enrique. goes top shelf to break the tie. beautiful. the devils would never give that lead back. they win 3-1. stay alive in the series. it comes back to jersey now. the kings missed their chance to tie the edmonton oilers for the best record ever in the stanley cup playoffs. the series, as i said, moves back to newark. game five on saturday night. >>> coming up at the top of the hour on
they come back from an 18-point deficit to win 107-99 and becomy first team other than the spurs, lakers or mavericks to represent the west in the nba finals in 14 years. the thunder one of just three teams in nba history to come back to win four straight games in the conference finals after trailing 2-0. >>> the celtics have a chance to join that group tonight with a win over the heat in game six at home in boston. >>> to the stanley cup finals. the l.a. kings had a chance to...
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Sep 27, 2012
09/12
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place that's going to be good for the country, that's a long-term deal so we're not revisiting the deficit and debts every year. that's what we need to be debating. we need to look at what we can do as i said that's comprehensive, that looks at all aspects of the budget, that minimizes the negative impact on both the defense and the domestic side. and we should be working together to do that. >> josh tyrangiel has a question for you, senator. >> senator, how would you characterize the conversations? i'm interested in the mechanic of how these things move forward. are you guys meeting in somebody's office, are you cordial, are things all on the table? are there certain things everybody's announced as let's not touch this? can you talk about how it works? >> well, as i said, this was a group of six of us who met, five of us met fairly regularly for a couple of weeks. it reflects, i think, a number of groups that have been meeting within the senate, trying to see where there are areas of agreement, looking at what we need to do to be as comprehensive as possible to reduce, as many of the pote
place that's going to be good for the country, that's a long-term deal so we're not revisiting the deficit and debts every year. that's what we need to be debating. we need to look at what we can do as i said that's comprehensive, that looks at all aspects of the budget, that minimizes the negative impact on both the defense and the domestic side. and we should be working together to do that. >> josh tyrangiel has a question for you, senator. >> senator, how would you characterize...
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Aug 13, 2012
08/12
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they see eye to eye on what to do with the deficit. they want to reduce the deficit on the backs of the middle class and seniors while giving tax cuts to the very wealthy. >> we're going to have to leave it there. >> thanks, karen. >> thanks so much. >>> next, we'll ask a member of congress for their take on 0 representative ryan. stay with us. >> thanks, neil. what's not to love in this paul ryan plan? we have a future and hope for the next generation as opposed to seeing the united states come closer toward an economic collapse. this is the direction that we need to go and we need to stand by it and support it. [ male announcer ] when this hotel added aflac to provide a better benefits package... oahhh! [ male announcer ] it made a big splash with the employees. [ duck yelling ] [ male announcer ] find out more at... [ duck ] aflac! [ male announcer ] ...forbusiness.com. ♪ ha ha! anyone have occasional constipation, diarrhea, gas, bloating? yeah. one phillips' colon health probiotic cap each day helps defend against these digestive
they see eye to eye on what to do with the deficit. they want to reduce the deficit on the backs of the middle class and seniors while giving tax cuts to the very wealthy. >> we're going to have to leave it there. >> thanks, karen. >> thanks so much. >>> next, we'll ask a member of congress for their take on 0 representative ryan. stay with us. >> thanks, neil. what's not to love in this paul ryan plan? we have a future and hope for the next generation as...
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Oct 4, 2012
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no taxes to deal with the deficit. is that the right thing? >> keep in mind, he made it very clear that unlike this president, who i have to like as a person. i know him well. unlike president obama, he wants to work with congress. he knows he's not going to get anything done if he doesn't work with congress. >> but he drew a line there. is that a fuzzy line? >> i'm with it on the line. one thing that has to be made very clear is the wealthy will be paying just as much as they're paying now. >> but they shouldn't pay more. >> i thought one of the best lines is that basically we're tired of trickle down government. and he turned the tables on the president. we have the president who believes it will government is the last answer to everything. do you think that is going to be a political liability in the state of florida? >> well, keep in mind, he brought up pretty forcefully that the president cut medicare. he also said that look, we are going to keep medicare exactly as it is for those 55 years or older. but we have to do something to help th
no taxes to deal with the deficit. is that the right thing? >> keep in mind, he made it very clear that unlike this president, who i have to like as a person. i know him well. unlike president obama, he wants to work with congress. he knows he's not going to get anything done if he doesn't work with congress. >> but he drew a line there. is that a fuzzy line? >> i'm with it on the line. one thing that has to be made very clear is the wealthy will be paying just as much as...
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Nov 8, 2012
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you might remember before the election the president said he thought he could come up with a deficit deal within six months of being re-elected. lynn, now the clock is ticking. >> now we'll see. thank you. now that the dust is settling, last night on "politics nation," the reverend al sharpton stroke to obama campaign strategist david axelrod about his confidence in winning those crucial swing states. >> i always had confidence in the end we would win this campaign. i had confidence because i believed that what the president was fighting for would garner a majority in the country. the notion that we should build an economy that's centered around the middle class and those who are fighting to get into the middle class, that that's how you build a strong economy, not from the top-down, not through trickle down. and i believed in him. ultimately it's not just about the positions you take. it's about the two people who are running. >> you can watch "politics nation" with reverend al sharpton each weekday at 6:00 p.m. eastern time here on msnbc. >>> congressman jesse jack some junior won
you might remember before the election the president said he thought he could come up with a deficit deal within six months of being re-elected. lynn, now the clock is ticking. >> now we'll see. thank you. now that the dust is settling, last night on "politics nation," the reverend al sharpton stroke to obama campaign strategist david axelrod about his confidence in winning those crucial swing states. >> i always had confidence in the end we would win this campaign. i had...
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Jul 3, 2012
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gingrich is warning americans of the grave threat posed by he electromagnetic pulses and you thought the deficit was bad. it is tuesday, july 3rd and this is "now." joining me today, msnbc contributor, robert traynham. demos vice president heather mcghee. lizz winstead, co-creator of "the daily show" and "new york times" magazine editor in chief, hugo lindgren. the message from down ballot republicans is crystal clear. the mandate is a tax and the affordable care act is too costly. this is what florida republicans are saying. >> you're going to pay more with these exchanges. they don't work. government involvement in health care has only caused health care costs to go up. it's rationing care. it's devastating for patients. >> i believe that president obama has been misleading and actually probably lying to the american people when he was there in front of george stephanopoulos and he was asked if it was a tax. he said absolutely not. >> congressman alan west also went at the president's policy more broadly and this what is he had to say. >> he does not want you to have self-esteem of getting up
gingrich is warning americans of the grave threat posed by he electromagnetic pulses and you thought the deficit was bad. it is tuesday, july 3rd and this is "now." joining me today, msnbc contributor, robert traynham. demos vice president heather mcghee. lizz winstead, co-creator of "the daily show" and "new york times" magazine editor in chief, hugo lindgren. the message from down ballot republicans is crystal clear. the mandate is a tax and the affordable care...
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Nov 23, 2012
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so if you're trying to get deficit reduction the affordable care act actually helps with deficit reduction. it doesn't hurt it. so, you know, again i think this is just posturing right now. we have so much common ground. this is the scary thing. we agree on the taxes shouldn't go up on 98% of the american people. we agree that these across the board spending cuts should not go in effect because they woxquld damage the economy. all we're fighting over now is tax rates on the top 2% of earners. this seems like something seems as if also based on what i've read and listening to the president and speaker boehner, it also seems as if both sides are trying to position themselves alluded to bases, trying to position themselves to save some face with their respective bases. trying to figure out how they keep the rates intact but also generate more revenue. you alluded to it. i want to put up a screen here. a full screen but "the new york times" reporting today, one suggestion being floated increasing taxes, keeping the rates the same meaning, for instance, that the entire of someone making 400,000
so if you're trying to get deficit reduction the affordable care act actually helps with deficit reduction. it doesn't hurt it. so, you know, again i think this is just posturing right now. we have so much common ground. this is the scary thing. we agree on the taxes shouldn't go up on 98% of the american people. we agree that these across the board spending cuts should not go in effect because they woxquld damage the economy. all we're fighting over now is tax rates on the top 2% of earners....
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Jul 19, 2012
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and we know that those cuts above 250 will add to the deficit significantly. if we want to reduce the deficit, then we ought to go forward with tax cuts only 250 and below or income over 250 ought to be down away those cuts ought to be done away with and we ought to be contributing all that to deficit reduction and i think that the american people would like to see us go in that direction and that means there are two things we can agree on here. that the middle income, the middle income ought to get a tax cut and that we ought to do something to reduce the deficit. so, i would hope that speaker boehner would listen on this, surveys you're looking at to see exactly where the public is and respond accordingly. >> did speaker boehner seemed to be engaging in some speaker revisionist today, the name those in washington who had given the spending cuts last year. let's listen to what he said. >> the sequester is happening because the president didn't lead. he wanted an increase in the debt ceiling so he wouldn't have to deal with it twice. the president hasn't lifte
and we know that those cuts above 250 will add to the deficit significantly. if we want to reduce the deficit, then we ought to go forward with tax cuts only 250 and below or income over 250 ought to be down away those cuts ought to be done away with and we ought to be contributing all that to deficit reduction and i think that the american people would like to see us go in that direction and that means there are two things we can agree on here. that the middle income, the middle income ought...
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Aug 13, 2012
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turns out ryan hasn't always been such a deficit hawk. he's more like a deficit chicken hawk. see, once upon a time, paul ryan wasn't so concerned about slashing the budget and bringing down the deficit. under president bush, ryan didn't have a budgetary care in the world. he said aye to the medicare prescription drug benefit and voted in favor of the bush tax cuts and voted for the war in iraq and afghanistan. that's right. he votes in favor of the policies that are now the main causes of our national deficit. but when a democrat was voted into the white house, ryan suddenly became the pitch man for budget cuts. joining me now is father thomas reed, a senior fellow at woodstock theological center. he joined others in speaking out against drastic gop cuts against the poor. and ezra klein, a washington post columnist and msnbc policy analyst. thank you both for being here tonight. >> thank you. >> ezra, let me start with you. there's so much talk about the ryan plan. tell us exactly what it is. i mean, specifically what it does to medicare. let's start there. >> begin with medi
turns out ryan hasn't always been such a deficit hawk. he's more like a deficit chicken hawk. see, once upon a time, paul ryan wasn't so concerned about slashing the budget and bringing down the deficit. under president bush, ryan didn't have a budgetary care in the world. he said aye to the medicare prescription drug benefit and voted in favor of the bush tax cuts and voted for the war in iraq and afghanistan. that's right. he votes in favor of the policies that are now the main causes of our...
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Aug 11, 2012
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how do they reduce the deficit in they sock it to everybody else. they sock it to seniors on medicare and medicaid. they cut education. they cut investments in our infrastructure and things needed to help the economy grow and be competitive. again, ask nothing of the folks like mitt romney, but ask everything of the rest of the country. >> you have a unique perspective, not only are you a leading democrat in this country, you sit next to this guy with a totally different philosophy. what does he say when he comes out with the budget, he gives a break to the richest people in the country and really screws people who desperately need programs like that. when you ask him, how can you do this and reward rich people with all the breaks in this country and hurt the people with no breaks, what does he say? what's his answer? >> well, chris, i have to say i have not heard a good answer. that's what this campaign is going to be about. look, there's a reason that, you know, romney picked ryan so that he will excite the tea party/right wing base. i think there
how do they reduce the deficit in they sock it to everybody else. they sock it to seniors on medicare and medicaid. they cut education. they cut investments in our infrastructure and things needed to help the economy grow and be competitive. again, ask nothing of the folks like mitt romney, but ask everything of the rest of the country. >> you have a unique perspective, not only are you a leading democrat in this country, you sit next to this guy with a totally different philosophy. what...
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Jul 6, 2012
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we said hey, look, during a time of high deficits and debt, when the federal government doesn't have a lot of money, why don't you incentivize localities to put up their own money, we have a source of funding going into the future, get a loan from the federal government, accelerate our programs now, we can create a million jobs and we'll create a million jobs in the next few years, we'll be able to access those loans very soon, but you have to have a source of money. so in the case of l.a. and a number of other cities across the country, if they've got a dedicated source of money for infrastructure investment, they can loan to accelerate job creation now. >> what kind of jobs? >> these are infrastructure jobs. it could be rebuilding our roads, our highways, our bridges, our airports. it could be public transportation in the case of l.a. where we're going to be doubling the size of our road system. in fact, this loan program coupled with the extension of a half penny sales tax generating $40 billion will allow us to double the size of our rail system the next ten years. >> what advice
we said hey, look, during a time of high deficits and debt, when the federal government doesn't have a lot of money, why don't you incentivize localities to put up their own money, we have a source of funding going into the future, get a loan from the federal government, accelerate our programs now, we can create a million jobs and we'll create a million jobs in the next few years, we'll be able to access those loans very soon, but you have to have a source of money. so in the case of l.a. and...
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Sep 1, 2012
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reducing the deficit to help small business? >> and again, when we talk about different people have different things that concern them, my biggest concern as a business owner is, you know, our national debt and our deficit. it's a concern to me to see that kind of thing and what it will do to our children, what it will do to my expenses going forward, my retirement. i have concerns about that. i would like to see a plan like brian, which candidate is going to reduce the deficit over a period of time. no matter what plan they present, i'm not quite sure if they even know if that's going to work or not. >> the only party i belong to is the entrepreneur party. it's not an issue of liberal, republican, it's nothing more than people wanting to be smart about starting new businesses. that's always been the lifeblood of america. so i get really tired of hearing that if we change the tax system, somehow businesses are going to make more money. people change their businesses to make more money, not taxes. the socioeconomic changes that w
reducing the deficit to help small business? >> and again, when we talk about different people have different things that concern them, my biggest concern as a business owner is, you know, our national debt and our deficit. it's a concern to me to see that kind of thing and what it will do to our children, what it will do to my expenses going forward, my retirement. i have concerns about that. i would like to see a plan like brian, which candidate is going to reduce the deficit over a...
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Oct 4, 2012
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we have increased deficits. we have had unemployment over 8%. the middle class is hurting. and i think he did, thomas, give specifics. he gave his five-point plan how he is going to create jobs in this country. >> but senator, you don't think that we are better off than four years ago when it comes to 43 straight months of job growth, the fact that the auto bailout worked? the fact we have drawn out of the war in iraq and we are now slowly trying to map out the course to leave afghanistan? you don't think that the country is better off than we were four years ago as a whole, collectively? >> since you brought up the foreign situation, i think we are in a much worse position because the president withdrew from iraq and afghanistan without benchmarks that would be required to keep those countries stable when we leave. that's why we are seeing our people being shot by insiders in afghanistan. why things are breaking up in iraq. i don't think the world is safer because of what president obama has done. i think his foreign policy is very -- >> do you think we need to pull out of
we have increased deficits. we have had unemployment over 8%. the middle class is hurting. and i think he did, thomas, give specifics. he gave his five-point plan how he is going to create jobs in this country. >> but senator, you don't think that we are better off than four years ago when it comes to 43 straight months of job growth, the fact that the auto bailout worked? the fact we have drawn out of the war in iraq and we are now slowly trying to map out the course to leave...
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Jan 25, 2012
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you hear a lot of talk about deficits aaficits and debt, ande important concerns but the best thing we can do is invest in things like manufacturing and education, because if we are growing faster the debt and deficits start to come down and the numbers get easier to manage. you cannot cut your way out of it. it's just like a family. you know, if you are struggling to get out of debt, but you decide well, i'll just, i won't repair the roof, or the boiler and i'll stop sending my kid to college, that is not the way you're going to solve your long-term problems. now, we are going have to make some is tough choices though, and right now we are scheduled to spend nearly $1 trillion more on what was intended to be a temporary tax cut for the wealthiest 2% of americans. a quarter of all millionaires pay lower tax rates than millions middle class households. warren buffett pays less tax than his secretary. his secretary was at the state of the union last night just to confirm that fact. now, does that make any sense to you? do we want to keep these tax cuts for folk ones like me who don't nee
you hear a lot of talk about deficits aaficits and debt, ande important concerns but the best thing we can do is invest in things like manufacturing and education, because if we are growing faster the debt and deficits start to come down and the numbers get easier to manage. you cannot cut your way out of it. it's just like a family. you know, if you are struggling to get out of debt, but you decide well, i'll just, i won't repair the roof, or the boiler and i'll stop sending my kid to college,...
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Oct 10, 2012
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. >> if it's true that it's not going to add to the deficit, that leaves only one option and that's asking middle class families to foot bill. >> reporter: the president's charge of a $5 trillion tax cut is obviously inaccurate and wrong. >> reporter: romney also in ohio mocked the obama campaign's mocking his plan to cut funds for pbs. >> big bird. >> big bird. >> big bird. >> he's focused on saving big bird. kind of a strange thing in my view because you see i'm focused on helping the american people get good jobs. >> reporter: sesame's street now asked the obama campaign to pull the big bird ad, yet there are weightier questions here as congress looks in to whether the u.s. was warned of the deadly libya attack. >> twice in the six month lead up, you had bombings at our compound there in benghazi and it's 9/11 in libya. what other warnings do you need? >> reporter: warnings of trouble now for president obama, romney's closing the gap. the latest polls, reuters has them tied. gallup has romney up by two. pew has him up by four. and we were talking about the polls in the balgtd ground sta
. >> if it's true that it's not going to add to the deficit, that leaves only one option and that's asking middle class families to foot bill. >> reporter: the president's charge of a $5 trillion tax cut is obviously inaccurate and wrong. >> reporter: romney also in ohio mocked the obama campaign's mocking his plan to cut funds for pbs. >> big bird. >> big bird. >> big bird. >> he's focused on saving big bird. kind of a strange thing in my view because...
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Nov 10, 2012
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if all of these cuts happen, the deficit improves by $607 billion. it would go down almost 40% but come at a hefty price. the economy would go over the fiscal cliff, sending the economy back into a recession. budget office projecting the unemployment rate could jump to 9.1% by the end of the year and that economic growth as well could shrink by half of a percent. i want to bring in bill schneider, chicago sun times washington bureau chief and columnist, lynn sweet. both big fans of "price is right," i understand. the president wants to keep the taxes and exit poll says 47% ironic number there, 47% says that there should be a tax hike for those earning over $250,000 a year but republicans don't want any tax hike. is this going to be the sticking point in negotiations? >> well, this is the first round. think of it this way. obama is now saying that the republicans are the ones that want a tax hike, right, the party that you might associate with being anti-tax. because if you do nothing, if you do nothing, we all, that's to congress, we all will pay mor
if all of these cuts happen, the deficit improves by $607 billion. it would go down almost 40% but come at a hefty price. the economy would go over the fiscal cliff, sending the economy back into a recession. budget office projecting the unemployment rate could jump to 9.1% by the end of the year and that economic growth as well could shrink by half of a percent. i want to bring in bill schneider, chicago sun times washington bureau chief and columnist, lynn sweet. both big fans of "price...
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Sep 8, 2012
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stupid deficits. abrupt and across the board tax rate hikes which ben bernankend the congressional office, numerous outside experts have said would put us right into recession. so we cannot go off that cliff. on the other side -- >> i did want to say to your point that if the u.s. goes out. the naks will enter a recession, gdp will fall, unemployment is fall. is this the sky is falling, the school is falling or is this a real deal? >> oh, this is an incredibly serious moment. it is so serious. were we to go off the policy cliff, they're going to sate's us letting it happen. none of us should let it happen. to kwens conses would be so severe it pushing us the put a debt deal in place. we have to fix the debt. we have to look at all the parts of the budget in order to put together that 4 or 5 or $6 trillion drrs deal and perhaps the fact that if we don't do that, we ooh going to harm ourselves so tre men duhly that's going to push members of congress, both sighs, the president and leadership to put out
stupid deficits. abrupt and across the board tax rate hikes which ben bernankend the congressional office, numerous outside experts have said would put us right into recession. so we cannot go off that cliff. on the other side -- >> i did want to say to your point that if the u.s. goes out. the naks will enter a recession, gdp will fall, unemployment is fall. is this the sky is falling, the school is falling or is this a real deal? >> oh, this is an incredibly serious moment. it is...
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Aug 27, 2012
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debt and deficit, health care. they're going to have to build up mitt romney. there's no doubt even though he's done a series of interviews over the weekend basically saying, i am who i am, i'm not going to suddenly become all warm and fuzzy, they need to make him more accessible to people, envision him as president, like him enough to want to turn things over did him. >> it strikes me over the last week or so the romney campaign has run to some of the things they ran from earlier which is to say the bain capital op-ed in the "wall street journal" last friday. now talking about the homeland security care law in massachusetts. this is a new strategy for them? >> as well as his mormon faith. all those things look like they're going to be more front and center than they've been. second-guessing, why not have laid down this predicate a little earlier? some people may be overstating the extent they'll go to those themes. there's no doubt that u. you know, and joe's talked about this, the three ms -- mormonism, massachusetts, and the money he's made -- he needs to ad
debt and deficit, health care. they're going to have to build up mitt romney. there's no doubt even though he's done a series of interviews over the weekend basically saying, i am who i am, i'm not going to suddenly become all warm and fuzzy, they need to make him more accessible to people, envision him as president, like him enough to want to turn things over did him. >> it strikes me over the last week or so the romney campaign has run to some of the things they ran from earlier which...
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Nov 9, 2012
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what is the deficit goal that you have in mind? >> clearly the deficit is a drag on our economy. we can't continue to spend money we don't have. i don't want to box myself in or myself anyone else in. i think it's important for us to come to an agreement for the president, but this is his opportunity to lead. >> mr. speaker -- >> you violate the the rules. you're disqualified. >> notably the other day, you pointed to revenues. can you give us an idea of where you're going with that? tax rates are not on the table, are you talking about going after deductions? >> it's clear that there are a lot of special interest loopholes in the tax codes. it's also clear that there are all kinds of deductions. some of which make sense, others don't. and by lowering rates and cleaning up the tax code, we know we're going to get more economic growth. it will bring jobs back to america. it will bring more revenue. we also know that if we clean up the code and make it simpler, then tax code will be more efficient. the current code only collects about 85% of what's due the government. and it's clear
what is the deficit goal that you have in mind? >> clearly the deficit is a drag on our economy. we can't continue to spend money we don't have. i don't want to box myself in or myself anyone else in. i think it's important for us to come to an agreement for the president, but this is his opportunity to lead. >> mr. speaker -- >> you violate the the rules. you're disqualified. >> notably the other day, you pointed to revenues. can you give us an idea of where you're...
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Jun 21, 2012
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remember, we deficit spend as a nation, deficit spend, $4 billion a day. you can't continue to do that. you can't. and the market needs stability. as kevin mccarthy earlier on your program was talking about, you need predictability in the north place in order to get the capital markets to make investments. >> the tax cuts add to the deficit, which incurs that deficit spending. >> no, no, isolation. i think that's wrong. we have a spending problem in this country. we really do. we're spending more than 24% of our gross domestic product is spent by the federal government. historically, that's been the range of 1%. we need to drive down spending. and we have got to look at the whole thing from top to bottom. i think where there is common ground is broadly based. i'm totally in favor of getting rid of the loopholes and other things in place. but -- >> i want to ask you about a retreat you're going to. it's called the all-star romney retreat out in utah. paul ryan, karl rove, tim pawlenty, condoleezza rice, eric cantor. should mitt romney disclose who his bundl
remember, we deficit spend as a nation, deficit spend, $4 billion a day. you can't continue to do that. you can't. and the market needs stability. as kevin mccarthy earlier on your program was talking about, you need predictability in the north place in order to get the capital markets to make investments. >> the tax cuts add to the deficit, which incurs that deficit spending. >> no, no, isolation. i think that's wrong. we have a spending problem in this country. we really do. we're...
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Jun 12, 2012
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first, the president has a deficit reduction plan on the table, a tilted plan to reduce the deficit by $4 trillion. $2 trillion of that has already been enacted into law. that's real progress in paying down our debt in a responsible, balanced way, to ensure that we continue growing our economy, we're taking care of the middle class. now, on the other side, mitt romney has these grand plans of how he's going to balance the budget and adopt the ryan budget to reduce the deficit. there's not one single study out there that shows that the ryan plan would actually result in deficit reduction. >> so is it a false promise? >> and mitt romney can't tell us how exactly he's going to reduce the deficit, other than making these grand promises. so the only -- >> so is that an empty -- >> the only thing we have to look at is his record in massachusetts, where he didn't reduce the deficit. he actually increased the debt of the state. number one per capita in the country. so mitt romney is not coming out of a puff of smoke. he has a record here and we need to talk about that record. we're in the cour
first, the president has a deficit reduction plan on the table, a tilted plan to reduce the deficit by $4 trillion. $2 trillion of that has already been enacted into law. that's real progress in paying down our debt in a responsible, balanced way, to ensure that we continue growing our economy, we're taking care of the middle class. now, on the other side, mitt romney has these grand plans of how he's going to balance the budget and adopt the ryan budget to reduce the deficit. there's not one...
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Nov 8, 2012
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, what people are scared of is there will be too much deficit reduction too quick. too many tax increases and too many spending cuts that will send us into recession. the question is how do you ballet need for more stimulus against the need for more deficit reduction? what boehner and obama are currently dealing with right now is a potential deal to not increase taxes by raising tax rates. if you look carefully at what boehner is saying, kweeps saying we don't need to raise tax rates but possibly to raise revenues by reforming the tax code. by closeding loopholes, ending deductions. boehner is hoping they can make the deal they need to make but not increasing tax rates, which if you talk to republican economists, it's the thing they like the least, which ends up discouraging work. >> we're not going to see what we saw this summer, with which is that everyone is so willing to disqualify the president so wholeheartedly that the economic system took such a hit for our credit to be downgraded. talk about -- does it benefit anybody's side, though, to let -- so america re
, what people are scared of is there will be too much deficit reduction too quick. too many tax increases and too many spending cuts that will send us into recession. the question is how do you ballet need for more stimulus against the need for more deficit reduction? what boehner and obama are currently dealing with right now is a potential deal to not increase taxes by raising tax rates. if you look carefully at what boehner is saying, kweeps saying we don't need to raise tax rates but...
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. >> you already have deficits. you add $5 trillion of new tax cuts, $2 trillion in new defense spending, and somehow you're going to close the deficit without raising taxes on middle-class families. they did not take their arithmetic course. >> contrary to what the democrats are saying, i'm not going to increase the tax burden on middle-income families. it would absolutely be wrong to do that. >> reporter: romney hits battleground ohio today and wisconsin in a new tv ad. >> here in wisconsin, we're not better off under president obama. >> reporter: on "meet the press" sunday, romney made news saying he'd keep parts of what republicans call obamacare. >> to assure that the marketplace allows for individuals to have policies that cover their family up to whatever age they might like. >> reporter: while there are sharp differences over jobs and taxes. >> i don't believe another round of tax cuts for millionaires are going to bring jobs back from overseas. >> reporter: one thing is clear. it's still a slow recovery. th
. >> you already have deficits. you add $5 trillion of new tax cuts, $2 trillion in new defense spending, and somehow you're going to close the deficit without raising taxes on middle-class families. they did not take their arithmetic course. >> contrary to what the democrats are saying, i'm not going to increase the tax burden on middle-income families. it would absolutely be wrong to do that. >> reporter: romney hits battleground ohio today and wisconsin in a new tv ad....
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he's become their chief spokesperson when it comes to reducing the deficit and debt. and in a conversation that romney had with nbc's chief white house correspondent chuck todd just within the last 24 to 48 hours, he made it clear that he was looking for smuchb womeo would have a bold vision for the future of this country. he tried to make the conversation in this campaign more specific about the issues and paul ryan, veronica, is viewed as someone who would very quickly do that. we have reached out to the campaign for confirmation, but, again, at this point, they have not responded to that. they are just acknowledging there will be an announcement made tomorrow morning at 9:00 here at the site of the "uss wisconsin" in norfolk, virginia. the state of virginia is significant, as this campaign goes. many people have said what happens in virginia will dictate what happens in the november 6th election. but the next several days will be spent in several key battlegrounds beginning in virginia before novemberi imovi carolina and then florida and ohio. there had been a lot
he's become their chief spokesperson when it comes to reducing the deficit and debt. and in a conversation that romney had with nbc's chief white house correspondent chuck todd just within the last 24 to 48 hours, he made it clear that he was looking for smuchb womeo would have a bold vision for the future of this country. he tried to make the conversation in this campaign more specific about the issues and paul ryan, veronica, is viewed as someone who would very quickly do that. we have...
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the federal subsidy for pbs in 2012 doesn't make up a huge part of this deficit. for example, 2012, the federal subsidy for pbs was $444 million. if you compare that to romney's plan for the federal budget, you'll see how miniscule it is. pbs subsidy, $444 million. but if you look at the tax breaks to oil and gas companies that romney defended last night, those add up to $4 billion this year alone. and take a look at mitt romney's plan for the defense budget. he wants to increase spending by $2 trillion over the next ten years. so, i mean, big bird is a big diversion to what he's really talking about in terms of the deficit. >> well, i think those of us out here crave specifics from governor romney. and when he's talked about this in the past, he's often thrown big bird under the bus. i don't know what would happen if he threw big bird under the bass. maybe the bus would go off the road. but never the let's, he has this little set piece he does. do you want to know what i'll cut? i'll cut pbs and big bird, the national endowment of humanities and the amtrak subsid
the federal subsidy for pbs in 2012 doesn't make up a huge part of this deficit. for example, 2012, the federal subsidy for pbs was $444 million. if you compare that to romney's plan for the federal budget, you'll see how miniscule it is. pbs subsidy, $444 million. but if you look at the tax breaks to oil and gas companies that romney defended last night, those add up to $4 billion this year alone. and take a look at mitt romney's plan for the defense budget. he wants to increase spending by $2...
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Aug 17, 2012
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this president has added $5 trillion to the federal deficit. that's all part of a larger economic argument because we are never going to be able to put the country on the right track to creating jobs again and getting the economy kick-started if we're continuing to spend billions and trillions of dollars out of washington and creating more and more government, and then at the same time, taking away benefits promised to these seniors and obama didn't keep his promise to. >> we have to sort of break that down and fact check it. we will do that later with ezra klein, because both the ryan and the obama plan take $716 billion. the only question is where they take it from. the ryan plan arguably would take it from beneficiaries. the president's plan would take it from providers and it is true that past congresses have always reneged on promises to take money away from providers. there is a legitimate question about whether current seniors or future seniors are affected by either of the plans. i think that's a larger argument we will have to have. >>
this president has added $5 trillion to the federal deficit. that's all part of a larger economic argument because we are never going to be able to put the country on the right track to creating jobs again and getting the economy kick-started if we're continuing to spend billions and trillions of dollars out of washington and creating more and more government, and then at the same time, taking away benefits promised to these seniors and obama didn't keep his promise to. >> we have to sort...
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that's $1 trillion of revenue in deficit savings over ten years. it's real money. my view is that if it takes going over the fiscal cliff to ply the leverage that the white house and senate democrats have on that i think that that's where the deal comes. i do believe that the sequester, the automatic spending cuts, will be pushed forward, punted but on this tax issue i don't think the white house is going to move on that. i don't think they should. >> to be very clear, i mean in terms of how this works out electorally, what we'd be saying is those members who were willing to do whatever we see happen, were doing it to save tax cuts for the very richest americans. so as long as the debate is framed that way, that this is all about preserving tax cuts for the very richest americans at a time when everyone else in the country is suffering, that should be high electoral ground for them. >> it should be, but look, if mitt romney has been able to survive we think so far the 47% comment, and the ryan owepea to go along with the romnesia, there's no american public to disc
that's $1 trillion of revenue in deficit savings over ten years. it's real money. my view is that if it takes going over the fiscal cliff to ply the leverage that the white house and senate democrats have on that i think that that's where the deal comes. i do believe that the sequester, the automatic spending cuts, will be pushed forward, punted but on this tax issue i don't think the white house is going to move on that. i don't think they should. >> to be very clear, i mean in terms of...
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Sep 28, 2012
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five was the budget deficit. so no one's minimizing the importance of the deficit but there really is not a program that deals with the other four and they are using extreme measures and cutting up various entitlements and americans that want to deal with the deficit. >> i think what happened in 2010 and democrats in a way allowed this to happen is that the republicans succeeded in making the deficit a central issue and a stand in for people's economic worries across the board. >> right. >> i think now it's much clearer to people that these two things are related but they are quite separate and there are moments when balancing the budget or cutting spending on things like schools and public safety can actually make unemployment worse. i think something else important has happened, which is the health care law was very unpopular on election day back then. the health care law is gaining ground. and they were demobilized, the democrats last time. they are not demobilized this time. >> they were strutting around, the
five was the budget deficit. so no one's minimizing the importance of the deficit but there really is not a program that deals with the other four and they are using extreme measures and cutting up various entitlements and americans that want to deal with the deficit. >> i think what happened in 2010 and democrats in a way allowed this to happen is that the republicans succeeded in making the deficit a central issue and a stand in for people's economic worries across the board. >>...
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Aug 11, 2012
08/12
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you think we're getting our debt and deficit under control? you think the country's on the right track? do you know why? because president obama is our president and he has put all of his policies in place, and they're just not working. take a look at the results. we've had the worst recovery in 70 years. we have the largest deficit and the biggest government since world war ii. one out of six americans are in poverty today, the highest rate in a generation. unemployment's been up 8% for 3 years. and the president's answer to this is more crony capitalism, more corporate welfare, nor solyndras, picking and -- we don't think the secret to economic growth is politicians in washington and bureaucrats picking winners and losers in our economy. the secret to economic growth is letting people keep more of what they earn and helping small businesses grow and compete and achieve and create jobs. you see, the president has shown us his aspirations for a government-centered society with a government-run economy. it's not working. it's never worked befor
you think we're getting our debt and deficit under control? you think the country's on the right track? do you know why? because president obama is our president and he has put all of his policies in place, and they're just not working. take a look at the results. we've had the worst recovery in 70 years. we have the largest deficit and the biggest government since world war ii. one out of six americans are in poverty today, the highest rate in a generation. unemployment's been up 8% for 3...
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Aug 29, 2012
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. >> we have got to cut this deficit. we've got to balance this budget and we have to leave our children a debt-free nation. >> in fact, scott walker says quote, win or lose paul ryan's ideas will lead the party. right now paul ryan, not mr. romney, looks like the future of the republican party. so what are these ideas of his? ryan wants to ban most abortions. even in cases of rape and incest. he wants to turn medicare into a private voucher program. and he wants to cut taxes for millionaires. starve the government and shrink the safety net. all that is profoundly out of step with how the majority of americans feel on those issues. which is why tonight you won't hear ryan talk much about them. the associated press says tonight's speech will be quote, heavy on personality and lighter on policy. romney's advisers have made him shift focus from ryan's policies positions specifically his controversial budget proposals have caused some headaches for romney. ryan is on the ticket because of ideas. but his ideas are broadly unpo
. >> we have got to cut this deficit. we've got to balance this budget and we have to leave our children a debt-free nation. >> in fact, scott walker says quote, win or lose paul ryan's ideas will lead the party. right now paul ryan, not mr. romney, looks like the future of the republican party. so what are these ideas of his? ryan wants to ban most abortions. even in cases of rape and incest. he wants to turn medicare into a private voucher program. and he wants to cut taxes for...
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Feb 13, 2012
02/12
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stimulate the economy now and do the deficit reduction a couple years out. but clearly he's done with trying to engineer a budget and spending proposal in order to take into account republican priorities. because he's tried it before and he never gets anywhere. >> it seems to me, john, that starting around august when the republican candidates rejected even in concept a ten for one deal, $10 of spending cuts for $1 of revenue increase, he realized he wasn't going to make a deal with your side. he said why don't i do what i do best? let's create jobs. he started with the american jobs bill. laugh at it, he has a bill and you don't. let the republicans talk about debt reduction. that's his politics. >> his philosophy is what he did in the middle east which is what he did is lead from behind. >> it worked didn't it? what's gadhafi doing now? >> let's see what happens with iraq and iran. it's a mess in the middle east. >> your guy did a good job over there. >> the senate and democrats are not going to do the budget. the only ones who are going to lead is the hou
stimulate the economy now and do the deficit reduction a couple years out. but clearly he's done with trying to engineer a budget and spending proposal in order to take into account republican priorities. because he's tried it before and he never gets anywhere. >> it seems to me, john, that starting around august when the republican candidates rejected even in concept a ten for one deal, $10 of spending cuts for $1 of revenue increase, he realized he wasn't going to make a deal with your...
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Nov 13, 2012
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i'm a little frustrated because i don't think the biggest issue is the deficit. the biggest issue is jobs. if we got people back to work, if republicans wouldn't have been obstructionists on the jobs bill, we would have had more people at work. we'd have been generating wealth. so i think the president is going in the right direction. we need to get this behind us to get on the jobs agenda. >> any moderate republicans left to work with this president or are we going to see more of the same? >> lots of the tea party folks got defeated. lots were hooking on to simpson bowles. we're starting to see maybe some sanity come into some of the republicans. i saw what bill crystal said. they are at least thinking in the right direction. these are the guys that did everything they could to frustrate this president. and we ought not to forget that at the state level, republican governors laid off three million workers. if they had not done that, those workers would be working now. taxes would have been coming into the state and into the federal government. this problem would
i'm a little frustrated because i don't think the biggest issue is the deficit. the biggest issue is jobs. if we got people back to work, if republicans wouldn't have been obstructionists on the jobs bill, we would have had more people at work. we'd have been generating wealth. so i think the president is going in the right direction. we need to get this behind us to get on the jobs agenda. >> any moderate republicans left to work with this president or are we going to see more of the...
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Sep 27, 2012
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focusing on energy, independent skills that will allow people to succeed, a trade that works for america, deficit reducti reduction, and being a champion for small business, which is not what the president has done. and as we get in the debates it will be critical to show the contrast between governor romney and the president. the good thing is wasserman schultz down played the president's expectations as expected by the democrats, but he is the gifted speaker. the problem is, he does not have the gift of a positive record to run on. the economy is in the toilet and t current news we have on informed policy is troubling. the administration knew this was a terrorist attack within the first 24 hours yet they continue to say this is the result of a video in a movie trailer, put ambassador rice out there being extremely dishonest with the american people. that's troubling. and those troops will come out in the debates. >> alice, we've gone to war with countries saying they were responsible for nerch when they really weren't. i'm talking about iraq. give the white house a little leeway here on figurin
focusing on energy, independent skills that will allow people to succeed, a trade that works for america, deficit reducti reduction, and being a champion for small business, which is not what the president has done. and as we get in the debates it will be critical to show the contrast between governor romney and the president. the good thing is wasserman schultz down played the president's expectations as expected by the democrats, but he is the gifted speaker. the problem is, he does not have...
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Oct 3, 2012
10/12
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mitt romney, doesn't have a deficit reduction plan. he wants to spend $2 trillion more in defense, $5 trillion more in a tax cut won't tell us how you pay for, before you even start talking about deficit reduction. it's a joke to think mitt romney will actually take action to redaus the deficit. >> taxes, this week he did come out with this proposal of eliminating $17,000 in deductions. >> right. >> your response to that? >> well, you know, he left out a number of different details of that proposal but i would also say that limiting deductions to $17,000 for middle-class families still results in a tax increase. even in just the health premium deduction, for families last year, were about $15,000. there you go. what happens to the mortgage deduction, charitable deduction, child deduction. he's raising taxes on middle class families. >> if this comes up and mitt romney starts to do that math that paul ryan wouldn't do, i'm sure this will be a topic of discussion. >> how worried are you about the jobs report on friday? >> we face this ev
mitt romney, doesn't have a deficit reduction plan. he wants to spend $2 trillion more in defense, $5 trillion more in a tax cut won't tell us how you pay for, before you even start talking about deficit reduction. it's a joke to think mitt romney will actually take action to redaus the deficit. >> taxes, this week he did come out with this proposal of eliminating $17,000 in deductions. >> right. >> your response to that? >> well, you know, he left out a number of...
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Nov 30, 2012
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a serious down payment of the deficit. the wall street people who are wringing their hands about this are really full of it. because what they're going to see is a big drop on wall street while the hype comes and then it's going to come roaring back because finally somebody has done something serious about the deficit. so i think the fiscal curb as you call it is actually the best deal that progressive democrats are going to get and i think it's the best deal in the long run, not the short run. but the long run to the american people. >> i think if we did go off, as i kind of expect we will, that congress, though, will not accept your view of look at the long-term benefits of most of this package. yes, there's some things we don't like in it, but most of the package is beneficial. and they will take some kind of action. they would immediately go into action and try to do something about the top -- about the other tax brackets below the top, and then that's when the discussion on spending cuts would really get engaged. >> i
a serious down payment of the deficit. the wall street people who are wringing their hands about this are really full of it. because what they're going to see is a big drop on wall street while the hype comes and then it's going to come roaring back because finally somebody has done something serious about the deficit. so i think the fiscal curb as you call it is actually the best deal that progressive democrats are going to get and i think it's the best deal in the long run, not the short run....
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Nov 2, 2012
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they can't spend the next four years not doing anything about the deficit. we could see a deal to reduce the budget deficit and that would be a net positive for all the financial markets if that happens. but if the republicans were to run the table, you would see a pretty big rally on wall street. >> if president obama stays in office, do you think we'll take another peek at the american jobs act? >> i certainly think that's something the president is going to bring to the table. and perhaps that could be part of a bargain around the debt ceiling. one thing we've heard a lot of talk about, not so much from the white house although they've suggested they're open to it, is some sort of extension not to the payroll tax cut, but something like that. and, actually, just from the economics -- >> which is the only thing that republicans liked over the sum from the american jobs act. >> that's a good point. that's a correct point, thomas. and, look, as an economist, and i've heard economists of all strikes agree with what i'm about to say. that's actually 120 billio
they can't spend the next four years not doing anything about the deficit. we could see a deal to reduce the budget deficit and that would be a net positive for all the financial markets if that happens. but if the republicans were to run the table, you would see a pretty big rally on wall street. >> if president obama stays in office, do you think we'll take another peek at the american jobs act? >> i certainly think that's something the president is going to bring to the table....